President Donald Trump boasts that his tariffs protect American industries, lure factories to the United States, raise money for the federal government and give him diplomatic leverage.

The tax cuts in President Donald Trump’s One Big Beautiful Bill would likely gouge a $2.4 trillion hole in the federal budget.

The trade war President Donald Trump promised has begun, threatening the world economy and straining the United States’ longstanding alliances in Europe and Asia.

President Donald Trump has removed the exceptions and exemptions from his 2018 tariffs on steel, meaning that all steel imports will be taxed at a minimum of 25%.